Common use of LEASE COMMENCEMENT DATE AND LEASE TERM Clause in Contracts

LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Intended Commencement Date (as set forth in Article 1) unless either (i) Landlord is unable to deliver possession of the Leased Premises to Tenant on the Intended Commencement Date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.4 below or (ii) Tenant enters into possession of the Leased Premises prior to the Intended Commencement Date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.7 below (the “Lease Commencement Date” . The term of the Lease shall end on the Lease Expiration Date (as set forth in Article I), irrespective of whatever date the Lease Commencement Date is determined to be pursuant to the foregoing sentence. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Notwithstanding the above, Tenant shall have the right to enter the Premises following Lease execution in accordance with all the terms of this Lease (other than the obligation to pay rent until the stated dates) for the purpose of planning, fit up, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contracts.

Appears in 2 contracts

Samples: Industrial Space Lease (Corsair Gaming, Inc.), Corsair Gaming, Inc.

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LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Intended Commencement Date latest of (as set forth in Article a) the Substantial Completion of the Parking Structure-P1 and Landlord’s Work, (b) six (6) months after the later of November 1) unless either (i) , 2016 and the date that Landlord is unable to deliver possession of has delivered the Leased Premises to Tenant on in the Intended Commencement Date, Required Delivery Condition as defined in which case Paragraph 2.4(a) below and (c) the Lease Commencement Date shall be as determined pursuant to Article 2.4 below or under the Building E Lease (ii) Tenant enters into possession of the Leased Premises prior to the Intended Commencement Datesuch later date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.7 below (the “Lease Commencement Date”); provided, however, that the Lease Commencement Date is subject to advancement for Tenant Delays (as defined in the Work Letter), and subject to extension for Landlord Delays as defined in the Work Letter. The term of the this Lease shall in all events end on the Lease Expiration Date (as set forth in Article I)1, irrespective of whatever date as the Lease Commencement Date is determined to same may be extended pursuant to the foregoing sentenceArticle 15 below). The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Promptly after the Lease Commencement Date has been determined, Landlord and Tenant shall execute and deliver a Lease Commencement Date Certificate in the form of Exhibit E attached hereto. Building F and Amenities Building Notwithstanding the aboveforegoing, Tenant shall have the right to enter extend the Lease Commencement Date for up to ninety (90) days as needed for Tenant to complete the Tenant Improvements, prepare the Leased Premises following Lease execution in accordance with all for occupancy and relocate to the terms of this Lease (other than the obligation to pay rent until the stated dates) for the purpose of planning, fit up, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contractsLeased Premises.

Appears in 1 contract

Samples: Non Disturbance Agreement (Palo Alto Networks Inc)

LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Intended Commencement Delivery Date (as set forth in Article 1Section 2.4) unless either (i) Landlord is unable to deliver possession of the Leased Premises to Tenant on the Intended Commencement Delivery Date, in which case the Lease Commencement Date shall be as determined pursuant to Article Section 2.4 below or (ii) Tenant enters into possession of the Leased Premises prior to the Intended Commencement Date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.7 below (the “Lease Commencement Date”). Promptly following the Lease Commencement Date, Landlord shall deliver to Tenant written confirmation thereof (“Commencement Date Confirmation Notice”) which Tenant shall countersign and return to Landlord within ten (10) days following Tenant’s receipt of same. In the event Landlord does not receive the Commencement Date Confirmation Notice countersigned by Tenant within such ten (10) day period, the date set forth in such notice shall be conclusively deemed the Lease Commencement Date for all purposes under this Lease. The term of the Lease shall end on the Lease Expiration Date (as set forth in Article I1), irrespective of whatever date the Lease Commencement Date is determined to be pursuant to the foregoing sentence. The Subject to exercise of the Extension Option pursuant to Section 2.8 hereof, the Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Notwithstanding the above, Tenant shall have the right to enter the Premises following Lease execution in accordance with all the terms of this Lease (other than the obligation to pay rent until the stated dates) for the purpose of planning, fit up, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contracts.

Appears in 1 contract

Samples: Industrial Space Lease (Asyst Technologies Inc)

LEASE COMMENCEMENT DATE AND LEASE TERM. The (a) Subject to Paragraph 2.4 below, the term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Intended Commencement Date later of (as set forth in Article 1a) unless either (i) Landlord is unable to deliver Landlord’s delivery of possession of the Leased Premises to Tenant on with the Landlord’s Work complete and (b) earlier of (i) the Intended Commencement Date, as set forth in which case the Lease Commencement Date shall be as determined pursuant to Article 2.4 below or 1, and (ii) the date Tenant enters into possession of occupies the Leased Premises prior to for the Intended Commencement Datepurpose of conducting business (such earlier date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.7 below (the “Lease Commencement Date”). The term of the this Lease shall in all events end on the Lease Expiration Date (as set forth in Article I1), irrespective of whatever date the Lease Commencement Date is determined to be pursuant to the foregoing sentence. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Notwithstanding the aboveProvided that such occupancy does not interfere with Landlord’s Work (as hereinafter defined), Tenant may occupy the Leased Premises in advance of the Intended Commencement Date, on such date as Landlord has determined that Landlord’s Work (as hereinafter defined) is sufficiently complete to allow entry by Tenant without interfering with the completion of Landlord’s Work, for the purposes of performing the Improvement Work and installing furniture, fixtures and equipment, provided that Tenant shall have be responsible for all utilities consumed within the right Leased Premises by Tenant, janitorial expenses related to enter Tenant’s improvement work or occupancy, payment of those Property Operating Expenses for the Leased Premises following Lease execution in accordance that are variable based on Tenant’s occupancy (which variable expenses shall exclude Real Property Taxes), and other actual out of pocket expenses related to maintenance and operation of the Leased Premises during such period and Tenant shall comply with all the terms other provisions of this Lease (other than the payment of Base Monthly Rent and Property Operating Expenses, except as set forth above). By no later than three (3) months before the Intended Commencement Date, Landlord shall complete so much of Landlord’s Work as is required to enable such early occupancy. There shall be no additional charge for parking before the Lease Commencement Date. Tenant’s occupancy of the Premises before the Lease Commencement Date shall be upon all of the terms and conditions of this Lease, other than the obligation to pay rent until Base Monthly Rent, or, except as set forth in this paragraph, Additional Rent. Promptly after the stated dates) for the purpose of planningLease Commencement date has been determined, fit up, Landlord and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services execute and deliver to each other, a Lease Commencement Date Certificate in its name and pay the ongoing costs form of utilities, landscape, maintenance and building service contractsExhibit D attached hereto.

Appears in 1 contract

Samples: By and Between (Palo Alto Networks Inc)

LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Closing Date (the "Lease Commencement Date"). If the Lease Commencement Date is other than the Intended Commencement Date (as set forth in Article 1) unless either (i) Landlord is unable to deliver possession of the Leased Premises to Tenant Date, appropriate adjustments shall be made so that all obligations under this Lease which are based on the Intended Commencement Date, in which case shall instead be based on the Lease Commencement Date. Within five (5) days after the Lease Commencement Date has been determined, Landlord and Tenant shall be as determined pursuant to Article 2.4 below or (ii) Tenant enters into possession of the Leased Premises prior to the Intended Commencement Date, in which case the execute a Lease Commencement Date shall be as determined pursuant to Article 2.7 below (Certificate in the “Lease Commencement Date” form of Exhibit "C" attached hereto. The term of the this Lease shall in all events end on the Lease Expiration Date (as set forth in Article I1), irrespective of whatever date the Lease Commencement Date is determined to be pursuant to the foregoing sentence. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the "Lease Term"). Notwithstanding the above, Tenant shall have the right to enter the Premises following Lease execution in accordance with all the terms of The parties intend that this Lease (other than shall be effective and binding on the obligation parties as of the Effective Date of the Lease; provided, however, because Landlord does not currently own fee title to pay rent until the stated dates) for Property, each of Landlord's and Tenant's rights and obligations hereunder shall be conditioned upon the purpose close of planning, fit up, and installing alterations (subject escrow whereupon Landlord acquires fee title to Landlord approval)the Property. Prior A termination of the Purchase Agreement pursuant to entering the Premises Tenant its terms shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contractsautomatically terminate this Lease.

Appears in 1 contract

Samples: Lease (Macromedia Inc)

LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Intended Commencement Date (as set forth in Article 1I) unless either (i) Landlord is unable to deliver possession of the Leased Premises to Tenant on the Intended Commencement Date, in which case the Lease Commencement Date shall be as determined pursuant to Article Paragraph 2.4 below or (ii) Tenant enters into possession of the Leased Premises prior to the Intended Commencement Date, in which case the Lease Commencement Date shall be as determined pursuant to Article Paragraph 2.7 below (the “Lease Commencement Date”). The term of the this Lease shall end on the Lease Expiration Date (as set forth in Article I), irrespective of whatever date the Lease Commencement Date is determined to be pursuant to the foregoing sentence. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Notwithstanding , unless Tenant chooses to exercise either the above, Tenant shall have first and/or second of its options to extend the right to enter the Premises following Lease execution in accordance with all the terms Expiration Date for a period of this Lease one (other than the obligation to pay rent until the stated dates1) for the purpose of planning, fit up, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contractsyear each.

Appears in 1 contract

Samples: Lease (Adeza Biomedical Corp)

LEASE COMMENCEMENT DATE AND LEASE TERM. The Subject to Paragraph 2.4 below, the term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, occurred on the Intended Commencement Date (as date set forth in Article 1) unless either 1 (i) Landlord is unable to deliver possession of the “Lease Commencement Date”). Provided however, if Tenant commences regular business operations in the Leased Premises to Tenant on the Intended Commencement Dateprior thereto, in which case then the Lease Commencement Date shall be as determined pursuant to Article 2.4 below or (ii) Tenant enters into possession the date of commencement of Tenant’s business operations in the Leased Premises prior to the Intended Commencement Date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.7 below (the “Lease Commencement Date” Premises. The term of the this Lease shall in all events end on the Lease Expiration Date (as set forth in Article I1), irrespective of whatever date the Lease Commencement Date is determined to be pursuant to the foregoing sentence. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Notwithstanding If for any reason the above, Tenant shall have the right Lease Commencement Date occurs pursuant to enter the Premises following Lease execution in accordance with all the terms of this Lease (on a day other than the obligation first day of a calendar month, the period commencing on the Lease Commencement Date and ending on the last day of the calendar month in which the Lease Commencement Date occurs shall be an initial “Stub Period” which shall be added to pay rent until the stated dates) for the purpose of planning, fit upinitial Lease Term, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put pay all utility services rent and other charges with respect to such Stub Period on a prorated basis at the same rate applicable to the first full calendar month of this Lease. Following such Stub Period and commencing as of the first day of the first full calendar month following the month in its name which the Lease Commencement Date occurs, Tenant shall commence the payment of rent and pay other charges payable hereunder as if the ongoing costs initial Lease Term has actually commenced on such date. The use of utilitiesthe Stub Period described above is intended to provide for ease of administration and calculation of all amounts owed hereunder, landscape, maintenance since all rental adjustments will be determined as of the first day of a calendar month and building service contractsthe Term of the Lease will end as of the last day of a calendar month (unless earlier terminated pursuant to the terms hereof).

Appears in 1 contract

Samples: Lease (Silicon Image Inc)

LEASE COMMENCEMENT DATE AND LEASE TERM. The Subject to Paragraph 2.4 below, the term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Intended Commencement Date later of (as set forth in Article 1a) unless either Xxxxx 0, 0000, (ix) the date that the Landlord’s Additional Work is substantially completed, and (c) ninety (90) days after Landlord is unable to deliver possession of has delivered the Leased Premises to Tenant on in the Intended Commencement Datecondition required by Paragraph 2.4(c) below, subject to extension for Landlord Delays (as defined in which case Paragraph 7of the Lease Commencement Date shall be Work Letter) and for up to twenty (20) days of Unavoidable Tenant Improvement Delays, as determined pursuant to Article 2.4 below or (ii) Tenant enters into possession defined in Paragraph 8 of the Leased Premises prior to the Intended Commencement DateWork Letter (such later date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.7 below (the “Lease Commencement Date”). Notwithstanding the foregoing or any other contrary or inconsistent provision of this Lease, if the date upon which Tenant occupies the Leased Premises for the purpose of conducting business occurs earlier than the Lease Commencement Date as defined in the prior sentence, then such date Tenant so occupies the Leased Premises shall be the Lease Commencement Date. The term of the this Lease shall in all events end on the Lease Expiration Date (as set forth in Article I1, as the same may be extended pursuant to Article 15 below); provided, irrespective however, that if the Lease Expiration Date of whatever date this Lease or the Building D Lease shall not be simultaneous because of any differences in the dates on which Landlord delivers this Leased Premises and the Building D Leased Premises to Tenant, then, at Tenant’s option, which option must be exercised by written notice thereof to Landlord delivered no later than the Lease Commencement Date is determined of the later of such leases to commence, the Lease Expiration Date of this Lease or the Building D Lease, as relevant, shall be pursuant to extended such that the foregoing sentenceLease Expiration Date of both this Lease and the Building D Lease shall be upon the later Lease Expiration Date of this Lease or the Building D Lease. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Notwithstanding Promptly after the aboveLease Commencement Date has been determined, Landlord and Tenant shall have execute and deliver a Lease Commencement Date Certificate in the right to enter the Premises following Lease execution in accordance with all the terms form of this Lease (other than the obligation to pay rent until the stated dates) for the purpose of planning, fit up, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contractsExhibit E attached hereto.

Appears in 1 contract

Samples: Lease (Aruba Networks, Inc.)

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LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Intended Commencement Date latest of (as set forth in Article a) the Substantial Completion of the Parking Structure-P1 and Landlord’s Work, (b) six (6) months after the later of November 1) unless either (i) , 2016 and the date that Landlord is unable to deliver possession of has delivered the Leased Premises to Tenant on in the Intended Commencement Date, Required Delivery Condition as defined in which case Paragraph 2.4(a) below and (c) the Lease Commencement Date shall be as determined pursuant to Article 2.4 below or under the Building F and H Lease (ii) Tenant enters into possession of the Leased Premises prior to the Intended Commencement Datesuch later date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.7 below (the “Lease Commencement Date”); provided, however, that the Lease Commencement Date is subject to advancement for Tenant Delays (as defined in the Work Letter), and subject to extension for Landlord Delays as defined in the Work Letter. The term of the this Lease shall in all events end on the Lease Expiration Date (as set forth in Article I)1, irrespective of whatever date as the Lease Commencement Date is determined to same may be extended pursuant to the foregoing sentenceArticle 15 below). The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Promptly after the Lease Commencement Date has been determined, Landlord and Tenant shall execute and deliver a Lease Commencement Date Certificate in the form of Exhibit E attached hereto. Notwithstanding the aboveforegoing, Tenant shall have the right to enter extend the Lease Commencement Building E Date for up to ninety (90) days as needed for Tenant to complete the Tenant Improvements, prepare the Leased Premises following Lease execution in accordance with all for occupancy and relocate to the terms of this Lease (other than the obligation to pay rent until the stated dates) for the purpose of planning, fit up, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contractsLeased Premises.

Appears in 1 contract

Samples: Disturbance Agreement (Palo Alto Networks Inc)

LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the later of the Intended Commencement Date (Date, as set forth in Article 1) unless either (i) , or the date Landlord is unable to deliver possession substantially completes the “Landlord’s Work” described and defined in Paragraph 1 of the Leased Premises Work Letter attached as Exhibit C to Tenant on 110015197v.8 and made a part of this Lease (the Intended “Work Letter”), the terms and provisions of which are hereby incorporated into this Lease (such later date, the “Lease Commencement Date”); provided, however, that if the Landlord’s Work is not Substantially Completed on or prior to March 1, 2022 for any reason other than Tenant Delay (as defined in which case the Work Letter), and such failure actually delays Tenant’s completion of the Tenant Improvements, then the Lease Commencement Date shall be as determined pursuant to Article 2.4 below or (ii) delayed by the number of days Tenant enters into possession of is so delayed in completing the Leased Premises prior to Tenant Improvements. Promptly upon request by the Intended Commencement Date, in which case other after the Lease Commencement Date shall be as determined pursuant has occurred, Landlord and Tenant agree to Article 2.7 below (the “execute and deliver a Lease Commencement Date” Date Certificate in the form of Exhibit D attached hereto, provided that failure of the parties to execute a Lease Commencement Date Certificate shall not defer the Lease Commencement Date or otherwise invalidate this Lease. The term of the this Lease shall in all events end on the Lease Expiration Date (as set forth in Article I1), irrespective of whatever date the Lease Commencement Date is determined to be pursuant to the foregoing sentence. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Notwithstanding the above, Tenant shall have the right to enter the Premises following Lease execution in accordance with all the terms of this Lease (other than the obligation to pay rent until the stated dates) for the purpose of planning, fit up, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contracts.

Appears in 1 contract

Samples: Lease (Personalis, Inc.)

LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Intended Commencement Date (as set forth in Article 1) unless either (i) Landlord is unable to deliver possession of the Leased Premises to Tenant on the Intended Commencement Date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.4 below or (ii) Tenant enters into possession of the Leased Premises prior to the Intended Commencement Date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.7 below (the "Lease Commencement Date") . The term of the this Lease shall end on the Lease Expiration Date (as set forth in Article I1), irrespective of whatever date the Lease Commencement Date is determined to be pursuant to the foregoing sentence. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the "Lease Term"). Notwithstanding the above, Tenant shall have the right to enter the Premises following Lease execution in accordance with all the terms of this Lease (other than the obligation to pay rent until the stated dates) for the purpose of planning, fit up, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contracts.

Appears in 1 contract

Samples: Acceptance Agreement (Virage Logic Corp)

LEASE COMMENCEMENT DATE AND LEASE TERM. The Subject to Paragraph 2.4 below, the term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Intended Commencement Date later of (as set forth in Article a) March 1, 2017, and (b) unless either ninety (i90) days after Landlord is unable to deliver possession of has delivered the Leased Premises to Tenant on in the Intended Commencement DateRequired Delivery Condition as defined in Paragraph 2.4(a) below subject to extension for Landlord Delays (as defined in Paragraph 7of the Work Letter) and for up to twenty (20) days of Unavoidable Tenant Improvement Delays, as defined in which case the Lease Commencement Date shall be as determined pursuant to Article 2.4 below or (ii) Tenant enters into possession Paragraph 8 of the Leased Premises prior to the Intended Commencement DateWork Letter (such later date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.7 below (the “Lease Commencement Date”). The term of the this Lease shall in all events end on the Lease Expiration Date (as set forth in Article I1, as the same may be extended pursuant to Article 15 below); provided, irrespective however, that if the Lease Expiration Date of whatever date this Lease or the Building C Lease shall not be simultaneous because of any differences in the dates on which Landlord delivers this Leased Premises and the Building C Leased Premises to Tenant, then, at Tenant’s option, which option must be exercised by written notice thereof to Landlord delivered no later than the Lease Commencement Date is determined of the later of such leases to commence, the Lease Expiration Date of this Lease or the Building C Lease, as relevant, shall be pursuant to extended such that the foregoing sentenceLease Expiration Date of both this Lease and the Building C Lease shall be upon the later Lease Expiration Date of this Lease or the Building C Lease. The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Notwithstanding Promptly after the aboveLease Commencement Date has been determined, Landlord and Tenant shall have execute and deliver a Lease Commencement Date Certificate in the right to enter the Premises following Lease execution in accordance with all the terms form of this Lease (other than the obligation to pay rent until the stated dates) for the purpose of planning, fit up, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contractsExhibit E attached hereto.

Appears in 1 contract

Samples: Lease (Aruba Networks, Inc.)

LEASE COMMENCEMENT DATE AND LEASE TERM. The term of this Lease shall begin, and the Lease Commencement Date shall be deemed to have occurred, on the Intended Commencement Date latest of (as set forth in Article 1a) unless either the Substantial Completion of the Landlord’s Work (iexcluding Parking Structure-P2), (b) six (6) Building G months after the date that Landlord is unable to deliver possession of has delivered the Leased Premises to Tenant on in the Intended Commencement DateRequired Delivery Condition as defined in Paragraph 2.4(a) below, in which case and (c) the Lease Commencement Date shall be as determined pursuant to Article 2.4 below or under the Building F and H Lease (ii) Tenant enters into possession of the Leased Premises prior to the Intended Commencement Datesuch latest date, in which case the Lease Commencement Date shall be as determined pursuant to Article 2.7 below (the “Lease Commencement Date”); provided, however, that the Lease Commencement Date is subject to advancement for Tenant Delays (as defined in the Work Letter), and subject to extension for Landlord Delays as defined in the Work Letter. The term of the this Lease shall in all events end on the Lease Expiration Date (as set forth in Article I)1, irrespective of whatever date as the Lease Commencement Date is determined to same may be extended pursuant to the foregoing sentenceArticle 15 below). The Lease Term shall be that period of time commencing on the Lease Commencement Date and ending on the Lease Expiration Date (the “Lease Term”). Notwithstanding Promptly after the aboveLease Commencement Date has been determined, Landlord and Tenant shall have execute and deliver a Lease Commencement Date Certificate in the right to enter the Premises following Lease execution in accordance with all the terms form of this Lease (other than the obligation to pay rent until the stated dates) for the purpose of planning, fit up, and installing alterations (subject to Landlord approval). Prior to entering the Premises Tenant shall put all utility services in its name and pay the ongoing costs of utilities, landscape, maintenance and building service contractsExhibit E attached hereto.

Appears in 1 contract

Samples: Disturbance Agreement (Palo Alto Networks Inc)

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